Categories Flexport

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India’s WareIQ raises $1.65M for its Amazon-like delivery platform for sellers

Despite e-commerce firms Amazon and Walmart and others pouring billions of dollars in India, offline retail still commands more than 95% of all sales in the world’s second largest internet market. The giants have acknowledged the strong hold neighborhood stores (mom and pop shops) have in the country, and in […]

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Alexis Ohanian is leaving Initialized Capital

Reddit co-founder Alexis Ohanian is leaving Initialized Capital, the investment firm he co-founded in 2011 with Garry Tan, as first reported by Axios and confirmed by TechCrunch. The move comes weeks after Ohanian publicly stepped down from the Reddit board of directors, with Y Combinator president Michael Seibel taking his […]

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Startups are transforming global trade in the COVID-19 era

Scott Bade Contributor Share on Twitter Scott Bade is a former speechwriter for Mike Bloomberg and co-author of “More Human: Designing a World Where People Come First.” More posts by this contributor Let’s give tech philanthropists the benefit of the doubt on COVID-19 How Huawei is dividing Western nations Global […]

How freight master Flexport’s Ryan Petersen learned to CEO

“I didn’t know what the term ‘freight forwarder’ meant until a year into starting the business.” Considering his shipping logistics startup Flexport was last valued at $3.2 billion, that quote from my first interview with CEO and founder Ryan Petersen back in 2016 seems even more surprising now. But it […]

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Garry Tan and Alexis Ohanian on how to survive these crazy days (and what to learn from them)

Garry Tan and Alexis Ohanian founded Initialized Capital roughly nine years ago and they’ve closed four funds since, including most recently in late 2018. That $225 million vehicle is roughly twice the size of their previous fund, but because of the coronavirus, the firm, and its portfolio companies — some […]